NZ home building consents rise 7.6 percent in December, taking annual pace to six-year high

Wed, 29 Jan 2014

Jan. 30 (BusinessDesk) - New Zealand building consents for residential housing rose 7.6 percent in December, taking the annual level of new permits issued by local councils to a six-year high. New dwelling consents, including apartments, rose to a seasonally adjusted 2,169 in December from 2,016 a month earlier, according to Statistics New Zealand. Excluding apartments and retirement village units, which are typically volatile from month to month, seasonally adjusted consents climbed 11 percent to 1,762, the highest level since February 2008....

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